Which of the following is a requirement of medical underwriting?

Medical underwriting is a critical process used by insurance companies to evaluate the risk associated with insuring an individual based on their health and medical history. One of the key aspects of medical underwriting is that it often requires the insurance applicant to undergo a physical examination.

The physical exam provides the insurer with essential information regarding the applicant's current health status, which is necessary for accurately assessing risk. The results of this examination, combined with the medical information provided in the application, help determine the terms of the insurance policy and the premiums that will be charged. This systematic approach allows insurers to ensure that they are appropriately pricing policies based on the health risks associated with insuring each applicant.

The other choices do not accurately reflect the complete nature of medical underwriting, as they either simplify the process or indicate that an individual's health is not a factor in underwriting decisions, which is not the case. In short, requiring applicants to undergo a physical exam is a fundamental component of the medical underwriting process that ensures a thorough and accurate risk assessment.